The USD edged lower against the majors in.....>

FOREX: The USD edged lower against the majors in Asia-Pacific dealing.

- JPY is a little firmer. The BoJ stood pat on MonPol as expected, leaving its

inflation expectations largely unchanged (FY17 & 18 were trimmed by 0.1%.),

while its growth expectations were nudged higher. The BoJ removed the wording

based on achieving its 2% CPI goal around FY19. USDJPY last trades at 109.20,

largely unchanged from pre-decision levels.

- NZDUSD discounted the surprise NZ trade deficit & fall in consumer confidence.

NZDUSD last trades at 0.7070, after the Bollinger base provided support around

session lows. Similar moves were seen in the AUDUSD which last trades at 0.7555,

with focus now on next week's RBA decision.

- After a brief foray below 1.2100 EURUSD last trades at 1.2110. The 2 sources

pieces released since the ECB MonPol decision haven't been able to override the

cautious tone of Draghi's press conference. GBPUSD has followed the broader USD

story, last at 1.3930. French CPI & GDP data will hit on Friday, as well as

German labour market data & EZ consumer confidence, with ECB's Mersch &

Lautenschlaeger also set to speak.